Ya know, it’s increasingly funny to watch the Wall Street crowd going bananas simply because POTUS Trump does exactly what POTUS Trump said he was going to do.  I mean it’s not like the administration has been hiding the trade policy plans and objectives for the past year; yet, the financial class acts shocked, SHOCKED, when it actually happens.

Cue the audio visual demonstration….. Was anyone paying attention in January at the Davos World Economic Forum when Commerce Secretary Ross said exactly what the administration was going to do in the coming months?  ….Apparently not.

Against the backdrop of current financial and corporate media running around like blindfolded zombies with forks in their eyes – hysterically bumping into walls, it might be worthwhile to revisit Commerce Secretary Wilbur Ross’s purposeful remarks at Davos:

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Twitter Thread HERE to Expand Full Dynamic

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Oh, how the European hypocrisy is in overdrive on the tariff issue.  According to BBC U.K. Prime Minister Theresa May and President Trump had a phone call where the British leader expressed “deep concern” over the Trump administration’s pending tariff’s on Steel and Aluminum.

Theresa May has told Donald Trump of her “deep concern” at his plan to impose tariffs on steel and aluminium imports into the US.

Amid an escalating war of words between Washington and the European Union, the Prime Minister told the US President that “multilateral action was the only way to resolve the problem of global overcapacity in all parties’ interests”, a Downing Street spokeswoman said.  (read more)

Mrs. May must think Americans are unambiguously stupid because it was less than two years ago when the U.K. urgently applied tariffs against Chinese steel in an effort to stave off the losses within their own steel industry:

APRIL 2017,  – BRUSSELS (AP) — The European Commission has imposed anti-dumping duties on steel products from China to stop them flooding Europe’s struggling steel market.

Hypocrisy much?

President Trump is entirely correct in his prior tweet:

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Senator Joe Manchin appears on Face the Nation and highlights his support for the Trump trade initiatives.  The cross-party MAGAnomic support highlights an aspect to President Trump policy that is unique to this administration. [ DEEP DIVE HERE ]

Within the aggregate MAGAnomic policy of President Trump there are two central components: taxes and trade.  With the ‘tax element’ completed, the administration will likely jettison some of the Wall Street crowd as they focus on the trade issues that specifically benefit Main Street.

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The application of “economic nationalism” as a policy is adverse to the interests of multinational corporations. The multinationals have been purchasing U.S. policy through DC politicians for decades. However, the last 30+ years have seen exceptionally high increases. (read more)

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Commerce Secretary Wilbur Ross appears on Sunday Morning Futures with Maria Bartiromo to talk trade and tariffs amid the apoplectic drum-beating from the Wall Street crowd and U.S. Chamber of Commerce.

Secretary Ross explains the use of Trade Section 232 for national security. The U.S. capability to produce steel and aluminum is a vital interest to national security. The World Trade Organization (WTO), a collective enterprise of multinational corporations, is angered by the use of section 232 because it works around their ability to file complaints.

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The essential point to drive home is that for the past 30+ years U.S. trade policy has been driven by Wall Street and financial corporate benefactors to the detriment of the U.S. middle class and a manufacturing economy.  It is not necessary to argue the outcome, we can all clearly see it.  The Trump objective is to restore a balanced U.S. economy, stop the exploitative export of American wealth, and stabilize our own middle-class.

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Boy howdy, you can judge how close you are to the treasury center of the swamp by the scale of the defenses surrounding the policy.   As we have continued to explain, it’s always about the money.  All aversion to President Trump is about the economic interests of people who have established their affluence and influence from 30+ years of exploitation.

Chris Wallace is the media guardian of corporate Wall Street, the GOPe, the U.S. Chamber of Commerce and the financial controlling interests at the intersection of Wall Street and corporate media.  In this interview with President Trump’s Director of the Office of Trade and Manufacturing Policy, Peter Navarro, Wallace goes bananas to protect those interests.

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The exploitation of the U.S. economic market through export of American wealth is a UniParty policy. Almost all Republicans and almost all Democrats are aligned in common cause to do the bidding of their corporate benefactors on trade, finance and economic policy. There are trillions at stake, and President Trump is an existential threat to their decades-long constructs.

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Director of the Office of Trade and Manufacturing Policy Peter Navarro appears on CNN with Jake Tapper to discuss pending steel and aluminum tariffs.   During the interview Navarro rightly outlined the possibility of some product “exemptions” but there no country “exclusions” for new trade tariffs.

What the media refuse to explain (willful blindness), on the country exclusion aspect, is that Chinese steel dumping doesn’t come from China alone.  China uses proxy countries in Asia as shipment depots to avoid tariffs.  Additionally, China use Mexico and Canada in North America as destinations for their steel product to gain tariff-free NAFTA access to the U.S. market.   The only way to avoid their use of proxy shipment hubs is to tax all steel and aluminum globally.

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Congressman Lee Zeldin and Congressman Ron Desantis are interviewed by Judge Jeanine Pirro on the ongoing investigations of the FBI and DOJ:

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House Intelligence Chairman Devin Nunes interview with Fox News Host Neil Cavuto to discuss the ongoing FISA abuse investigation.

Chairman Nunes highlights two key issues:  #1) The risk to the Democrats in having their use of a politically weaponized FBI and DOJ exposed; and #2) It is against the interests of the U.S. media to highlight the alarming investigative discoveries, because the media participated in pushing the narrative which aided the weaponization.

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I think we’ve figured out why President Trump is doing the Steel and Aluminum tariffs ahead of the NAFTA withdrawal.  Perhaps, the wolverine administration is using Steel and Aluminum to draw attention to the NAFTA fatal flaw.

Earlier today Canadian Foreign Minister Chrystia Freeland stated:

“Should restrictions be imposed on Canadian steel and aluminum products, Canada will take responsive measures to defend its trade interests and workers,” Foreign Minister Chrystia Freeland said in a statement, calling any trade restrictions“absolutely unacceptable.”  (link)

The key word in that statement from Freeland is “products”. Why? because Canada doesn’t make more than a boutique amount of raw Steel.  (Top 40 List)  The Canadians, like the Mexicans, import the vast majority of their raw steel from China.  Canada then fabricates products from the Chinese steel.  This nuanced point is almost always lost on people who discuss trade.  This point of origination is also the fatal flaw within NAFTA.

In essence Canada is a brokerage for Chinese manufactured material, and NAFTA is the access trade-door exploited by China for entry into the U.S. market.  More on that in a moment.  First watch Justin from Canada explain his country’s position. (prompted, just hit play):

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U.S. Steel and Aluminum tariffs are just one component of a larger economic issue. Bringing back U.S. production on those sectors is vital to the infrastructure of a manufacturing and production economy. Modern Wall Street is centered on multinational interests within economic globalism. Weaken the trade grip of the multinational corporations and their financial manipulation upon the U.S. economy, and Wall Street will drop… this is not difficult to predict.  This is also necessary.

Last week President Trump spoke candidly with the White House assembly of U.S. Governors about the critical need to re-evaluate their position(s) on trade.  President Trump’s remarks were direct, but also nuanced toward the audience.  A few hours later the White House announced President Trump had promoted his economic guru, Peter Navarro to be Assistant to The President.

Mr. Navarro’s job is to counter the false narrative from the GOPe, U.S. Chamber of Commerce and Wall Street crowd. Cue the audio visual demonstration (two video segments):

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Segment #2 below:

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